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721250 (Harmonized System 1992 for 6-digit)

2022
World Trade $935MRnk 2276 / 4648
2022
Top Exporter | Top Importer $144M | $137MSouth Korea | China
2022
Product Complexity 1.02Rnk 750 / 4653
2021 - 2022
Export Growth (CAGR) 15.7%Rnk 1064 / 4648
2022
Share of World Trade 0.0039%Rnk 2276 / 4648

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes. In 2022, Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were the world's 2276th most traded product, with a total trade of $935M. Between 2021 and 2022 the exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes grew by 15.7%, from $808M to $935M. Trade in Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes represent 0.0039% of total world trade.

Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes are a part of Large Coated Flat-Rolled Iron.

Exports In 2022 the top exporters of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes  were South Korea ($144M), China ($142M), Vietnam ($124M), Germany ($123M), and United States ($75.5M).

Imports In 2022 the top importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were China ($137M), Indonesia ($110M), France ($76.4M), Australia ($60.2M), and Germany ($51.2M).

Ranking Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes ranks 750th in the Product Complexity Index (PCI).

Description Some common uses of flat rolled iron or non-alloy steel, <600mm, plated/coated include formwork for concrete, metal shelves, and shelving.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)South Korea$144M
Top Destination (2022)China$137M

In 2022 Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were the world's 2276th most traded product (out of 4,648).

In 2022, the top exporters of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were South Korea ($144M), China ($142M), Vietnam ($124M), Germany ($123M), and United States ($75.5M).

In 2022, the top importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were China ($137M), Indonesia ($110M), France ($76.4M), Australia ($60.2M), and Germany ($51.2M).

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Exporters of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes (2022)
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Importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$64.8M
Top Destination Growth (2021 -  2022)Australia$38.9M

Between 2021 and 2022, the exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes grew the fastest in China ($64.8M), South Korea ($30.6M), Vietnam ($20.3M), Germany ($20.2M), and Belgium ($6.94M).

Between 2021 and 2022, the fastest growing importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were Australia ($38.9M), China ($36.2M), Philippines ($24.5M), Malaysia ($11M), and Indonesia ($6.23M).

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Exporters of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes (2021 - 2022)

Importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes are explained by 14 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes

Net Trade

TOP NET EXPORTER (2022)South Korea$138M
TOP NET IMPORTER (2022)Indonesia$91.8M

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were South Korea ($138M), Vietnam ($115M), Germany ($71.7M), Belgium ($61.5M), and United States ($53M).

In 2022, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were Indonesia ($91.8M), France ($65.7M), Australia ($57.3M), Philippines ($48.1M), and India ($29.2M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes.
It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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